Square Payments vs Thimble: which one fits your business?
Side-by-side comparison of Square Payments and Thimble — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Thimble wins on our scorecard (8/10 vs 7.3/10).
| Scored on | Square Payments | Thimble |
|---|---|---|
| Right fit for small biz | 8 | 7 |
| Ease of use | 7 | 9 |
| Fees & pricing | 7 | 8 |
| Customer support | 6 | 6 |
| Features | 8 | 9 |
| Standard In-Person Rate | 2.6% + 10¢ | — |
| Keyed-in / Online Rate | 2.9% + 30¢ | — |
| Monthly Subscription | $0 (Basic) | — |
| Instant Transfer Fee | 1.75% per transfer | — |
| Hourly Coverage | — | Starting at approx. $5/hour |
| Additional Insureds | — | $0 |
| Policy Cancellation | — | $0 |
Square Payments in one paragraph
Square is the gold standard for startups and small retailers who value simplicity over the absolute lowest possible processing rate.
Skip it if: Do not use Square if you sell high-ticket items over $5,000, as their fraud bots are aggressive with fund holds.
Thimble in one paragraph
A revolutionary cash-flow tool for solo contractors and seasonal businesses that need 'just-in-time' insurance coverage.
Skip it if: You have a full-time staff of 10+ and operate year-round, as traditional annual policies will likely be cheaper.
Frequently asked questions
Which is better, Square Payments or Thimble?
On our five-axis scorecard, Thimble scores higher (8/10 vs 7.3/10). A revolutionary cash-flow tool for solo contractors and seasonal businesses that need 'just-in-time' insurance coverage.
Who should skip Square Payments?
Do not use Square if you sell high-ticket items over $5,000, as their fraud bots are aggressive with fund holds.
Who should skip Thimble?
You have a full-time staff of 10+ and operate year-round, as traditional annual policies will likely be cheaper.